Does it really pay to spend more?

Millions of dollars are poured into tight Congressional campaigns in the hopes that more money, and in turn more advertising, will help candidates win elections. In reality, financial underdogs still can pull ahead despite huge economic disadvantages.

Here’s a breakdown of the most expensive campaigns and the top Senate and House spenders who won, or didn’t.

Senate:

1. Massachusetts at $70,535,860

Big spender: Democrat Elizabeth Warren with $35,694,573

Winner: Warren

2. Connecticut at $52,483,032

Big spender: Republican Linda McMahon with $36,072,245

Winner: Democrat Chris Murphy, who only spent $8,611,343

3. Texas at $50,105,888

Big spender: Republican Ted Cruz with $10,949,578

Winner: Cruz

4. Missouri at $32,912,609

Big spender: Democrat Claire McCaskill with $17,443,642

Winner: McCaskill

5. Ohio at$32,483,713

Big spender: Democrat Sherrod Brown with $19,530,017

Winner: Brown

6. Virginia at $31,685,776

Big spender: Democrat Tim Kaine with $18,624,299

Winner: Kaine

7. Pennsylvania at $30,522,844

Big spender: Republican Tom Smith with $17,377,924

Winner: Democratic Sen. Bob Casey who spent $10,711,395

8. Wisconsin at $28,028,723

Big spender: Democrat Tammy Baldwin with $11,681,969

Winner: Baldwin

9. Florida at $23,501,053

Big spender: Democratic Sen. Bill Nelson with $12,492,376

Winner: Nelson

10. Michigan at $19,755,340

Big spender: Democratic Sen. Debbie Stabenow with $12,076,286

Winner: Stabenow

House

1. Minnesota District 06: $20,819,409

Big spender: Republican Rep. Michele Bachmann $19,290,861

Winner: Bachmann

2. Ohio District 08: $20,001,287

Big spender: House Speaker Rep. John Boehner with $19,992,465

Winner: Boehner. (He also ran with no major party opposition.)

3. Florida District 18: $17,299,333*

Big spender: Republican Rep. Allen West with $13,772,741

Winner: Democrat Patrick Murphy who spent $3,432,203

4. Connecticut District 05: $11,846,055

Big spender: Former state Rep. Elizabeth Esty, D-Conn., with $2,753,460